Dover home prices rise in the third quarter of 2020

Medium realestate2

The median sale price of a home sold in the third quarter of 2020 in Dover rose by $20,750 while total sales increased by 3.9%, according to

From July through September of 2020, there were 214 homes sold, with a median sale price of $209,000 - a 11% increase over the $188,250 median sale price for the same period of the previous year. There were 206 homes sold in Dover in the third quarter of 2019.

The median sales tax in Dover for the most recent year with available data, 2015, was $728, approximately 0.3% of the median home sale price for the third quarter of 2020.

The following table compares Dover to other Kent County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Spruance City710-30%$217,400$184,95017.5%
Moores Lake Development34-25%$215,000$310,000-30.6%
Pine Ridge20-$198,500$0-
Hunters Ridge20-$193,500$0-

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